DiDi Global: China Mobility Remains Strong, But We See A Valuation Disconnect

DiDi Global initiated Overweight with 55% upside as China mobility drives cash flow margins, autonomy options, and buybacks.
9to5Mac

Apple’s Didi investment flop sees company exec quietly resign from the board

Apple’s Didi investment back in 2016 was hailed by the Cupertino company’s CEO Tim Cook as a “great financial investment.” Sadly, that very much turned out not to be the case. The investment has ...
Inside EVs

XPeng Buys DiDi's Smart EV Project To Build $20,000 Electric Car

Chinese EV startup XPeng announced it is buying ride-hailing company DiDi's smart electric car development business in an exchange of shares worth $744 million. This will make DiDi a strategic ...
TechNode

A timeline of Didi and its year-long cybersecurity investigation

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up China’s year-long, once seemingly never-ending ...
Wall Street Journal

Didi Says It Will Proceed With Delisting From NYSE

Less than a year after Didi Global Inc. listed its shares in the U.S., the Chinese ride-hailing company said its shareholders approved its plan to delist from the New York Stock Exchange, concluding a ...
Business Insider

Chinese Uber competitor DiDi unveiled a futuristic EV made specifically for ride-sharing — see the D1

An icon in the shape of a lightning bolt. Impact Link DiDi Chuxing, a Chinese ride-hailing company and global Uber competitor, has unveiled a electric vehicle built specifically for ride-shares: the ...
Los Angeles Times

Why Apple is investing $1 billion in Didi, China’s version of Uber

With an unprecedented $1-billion investment in Didi Chuxing, Apple didn’t just buy a piece of China’s biggest ride-hailing service. It also became a stakeholder in China’s growing tech sector at a ...